New York Racing Association

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Purses to Increase 12% for Aqueduct Fall Meet

Purses to Increase 12% for Aqueduct Fall Meet

The New York Racing Association will again raises purses, this time for the 45-day Aqueduct fall meet that begins Oct. 24 and runs through Dec. 30. Projected purses will be the highest in recent memory for the fall meet.

Magna, Churchill Withdraw From Empire Racing

Magna, Churchill Withdraw From Empire Racing

A consortium of major horse industry companies vying for the Thoroughbred franchise in new York began falling apart Oct. 10, as Magna Entertainment and Churchill Downs announced their withdrawal from Empire Racing Associates.

Magna, Churchill Withdraw From Empire Racing

A consortium of major horse industry companies vying for the Thoroughbred franchise in New York began falling apart Oct. 10, as Magna Entertainment Corp., Churchill Downs Inc., and Delaware North announced their withdrawal from Empire Racing Associates.

Spitzer Recommends NYRA Maintain Franchise

Spitzer Recommends NYRA Maintain Franchise

New York Gov. Eliot Spitzer has formally recommended the New York Racing Association continue to operate Aqueduct, Belmont Park, and Saratoga racetracks while a separate operator for future casino developments at Aqueduct and possibly Belmont would be tapped down the road.

N.Y. Legislators Set Meeting on Franchise

The New York Senate Committee on Racing, Gaming, and Wagering will hold a meeting Sept. 12 to review Gov. Eliot Spitzer's anticipated recommendation regarding the franchise to operate Aqueduct, Belmont Park, and Saratoga.

Funny Cide to Have His Day at the Spa

Funny Cide to Have  His Day at the Spa

Funny Cide, the first New York-bred to win the Kentucky Derby and Preakness Stakes (both grade I), and who captivated fans with his pursuit of the 2003 Triple Crown, will be celebrated with a retirement party Aug. 10 at Saratoga.

New York Governor Vetoes Rebate Legislation

New York Governor Vetoes Rebate Legislation

New York Gov. Eliot Spitzer has vetoed legislation advocates said would have made it easier for tracks and off-track betting corporations to begin bettor rebate programs as a way to compete with off-shore entities and others in the pari-mutuel wagering industry.

New York THA Breaks From Empire Racing

The New York Thoroughbred Horsemen's Association is breaking its ties with Empire Racing Associates, a move that will further throw into confusion the process for naming a franchise holder to operate Aqueduct, Belmont Park, and Saratoga.

'Integrity' Report Released; Rebate Shops a Concern

A report by the New York Office of Inspector General to Gov. Eliot Spitzer lists four "general areas of concern" among the four entities seeking the franchise to operate Aqueduct, Belmont Park, and Saratoga, including relationships with rebate shops and bookmakers who take bets on racing from the United States.

NYRA Announces Purse Increases for Belmont, Saratoga

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NYRA Announces Purse Increases for Belmont, Saratoga

The New York Racing Association July 29 announced significant purse increases for its 2007 Saratoga Meet. Purses will also increase for the final three weeks of Belmont Park's Spring/Summer Meet beginning July 4.

NYRA Hires Official to Oversee Market Development

The president of the Saratoga Convention and Visitors Bureau will resign from the post June 29 to take the job of senior vice president of sales and market development for the New York Racing Association.

Cauthen Joins Capital Play in Franchise Bid

Former jockey and Hall of Fame member Steve Cauthen, who became the youngest rider to win the Triple Crown when he rode Affirmed to sweep the three classic races as an 18-year-old in 1978, has joined the team of Capital Play, one of four bidders engaged in competition for the franchise rights to Aqueduct, Belmont Park, and Saratoga in New York.

Empire Racing Names Members of 'Transition Team'

Empire Racing Associates has released the names of a team of racing-operations professionals, many from Churchill Downs Inc. and Magna Entertainment Corp., that will lead its racing transition team should Empire Racing be awarded the New York Thoroughbred racing franchise.

NYRA Receives Permission to Offer Internet Wagering

The New York Racing Association will become the first racing entity in New York to offer internet wagering. State regulators April 26 approved a NYRA application to permit the potentially lucrative form of gambling, beginning as soon as NYRA can start the venture.

Swindal Leaves Excelsior as N.Y. Franchise Bids Aired

Steve Swindal, the New York Yankees executive embroiled in divorce proceedings with the daughter of George Steinbrenner, has dropped out of Excelsior Racing Associates, one of four groups vying to win the New York Thoroughbred franchise whose proposals were made public April 5.

Excelsior Loses Steinbrenner Family Backing

Excelsior Racing Associates lost some of its major backing April 1, with the announcement that the Steinbrenner family and a major New York City development firm will no longer be involved in the effort to obtain New York's lucrative Thoroughbred racing franchise.

Despite Rumors, Excelsior Says Franchise Bid on Track

The reported departure of Steve Swindal from the New York Yankees--and his ties to the Steinbrenner family as well--has thrown into doubt the future of Excelsior Racing Associates, the group trying to take over New York's Thoroughbred racetrack franchise. Excelsior Racing, however, said Swindal remains an "integral part" of the team.

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